Is Tata Motors' TAMO RaceMo a missed opportunity?

When it unveiled its TAMO RaceMo concept at the 2017 Geneva Motor Show, it caused a fair amount of buzz. Its mid engine layout, striking design and promise to be an affordable Indian sports car, seemed like Tata Motors was going to make a statement in the performance car segment. Nonetheless, the project was put on the shelf and never went to production. Many have wondered if Tata missed out on establishing itself as a serious player in the sports car market, and demonstrating its engineering prowess. The RaceMo could have been the one to change perceptions about Indian automotive design and manufacturing on a global stage. That cancellation prompts questions about Tata’s long term strategy in the premium/performance segments and whether it will try something similar again in the future.